🔒 Premium: Inflation returns
Maybe the Bitcoin punters, many of whom are stocking up on the cyber currency as an inflation hedge, are acting rationally after all. Â
Maybe the Bitcoin punters, many of whom are stocking up on the cyber currency as an inflation hedge, are acting rationally after all. Â
“The BizNews portfolio’s opportunistic purchase of Sasol at R27 a share on March 24, 2020 looked shaky for a while as the stock fell further, to R22.”
AngloGold appointed former BHP Group Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on its shares.
Absa’s first Black CEO, Daniel Mminele, resigned following a dispute with subordinate directors over strategy, reports Bloomberg.
The Rand a star performer. Maria Ramos replaces Sipho Pityana at AngloGold. Sygnia releases FY results. Q3 GDP numbers sobering.
Maria Ramos has been appointed chairwoman of AngloGold Ashanti as the gold producer focuses on its operations in the rest of Africa.
Former Absa CEO, Maria Ramos and her husband Trevor Manuel appear on a list of high flying officials, wasting taxpayers’ money on travel.
South Africa has fallen deeper into junk territory after Moody’s Investors Service joined Fitch Ratings in lowering the country’s credit ratings on Friday.
Rene van Wyk was appointed to hold the fort until the ABSA’s new CEO (who has been selected, but not yet announced) takes over next year.
Maria Ramos’s departure at the end of February put an unlikely new CEO into the ABSA hot seat – former Nedbanker, ABSA main board director and erstwhile Registrar of banks Rene van Wyk.